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Report: NTPC to award $4 billion coal contract

NTPC, India’s largest power company, is close to awarding a contract worth US$4 billion to start developing its first coal mine in the country, Bloomberg has reported, citing three sources with knowledge of the decision.

Staff reporter
NTPC is India's largest power company

NTPC is India's largest power company

An auction to choose an operator for the Pakri Barwadih mine in the eastern state of Jharkhand is complete and a decision will be taken this week, the sources said. A venture of Thriveni Earthmovers and...

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